QUESTION: I have reviewed many of the articles in your web site and am unsure if what I have read exactly matches my situation. I have money invested offshore...
QUESTION: Do you know if a Nevis or other offshore LLC can file Form 8832 to have the LLC elect corporate status and then file Form 2553 to have the LLC elect...
QUESTION: Have you previously written about the tax sale consequences of selling either bullion or numismatic coins? And do these rules apply to e-gold and...
COMMENT: A friend told me about a way to avoid corporate state income taxes by incorporating in Nevada and then transferring my Alabama corporation stock to...
QUESTION: So are you implying that a Nevada State Corp. is not a good tax saving vehicle? REPLY: A Nevada corp can reduce state income taxes if the business...
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal Feb. 28th Due Date for Information Returns Tuesday February 28, 2006 ...
JacobsReport@yahoogro...
Feb 14, 2006 6:00 am
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One of the CPAs on this list reminded me that the due date for delivering the W-2 form to employees and the 1099 forms to income recipients is January 31st and...
QUESTION: A US person is the sole owner of a VA based, LLC and the sole owner has made the check the box election to disregard the entity. Income and loss has...
Comment from a member of the list: "Thanks for all the important info. that you send out to us. I cannot speak for everyone, but I am very grateful for your...
QUESTION: I was paid by a foreign Company I worked for in the Caribbean by wire transfer for approximatley 2,500 a month. I worked remotley here from the US....
If you live in or near Ft. Lauderdale, Florida, this message might be of interest to you. I'm looking for someone who would like to help me organize a half day...
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal March 15th Due Dates for Forms Wednesday March 15, 2006 All Day (This...
JacobsReport@yahoogro...
Mar 1, 2006 6:05 am
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QUESTION: What is the U.S. tax liability of green card holder working abroad in a 25% income tax country (with no Cap gains tax) which has a US tax treaty? He...
I received the following comments in response to my reply to a question about the tax treatment of a green card holder (permanent resident of the U.S.) Vern: ...
Thanks to one of the members of this list for helping me to locate a facility to hold a half day workshop on asset protection and offshore tax developments on...
QUESTION: I am hoping you can point me in the right direction. I live in the US and belong to a couple of private investment clubs outside the US. I am trying...
For those of you who usually file a Form 7004 for a four month automatic extension of time to file your corporate form 1120, the old extension form has a new...
It looks like the people who have signed up for my informal workshop on asset protection and international taxes will have a lot of time to talk with myself...
It seems that at least 3/4 of the people who call me with some tax questions end up asking about some kind of offshore tax avoidance arrangement. I've...
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal April 15th Tax Returns Saturday April 15, 2006 All Day (This event...
JacobsReport@yahoogro...
Apr 1, 2006 6:01 am
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Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal April 15th - 1st Estimated Tax Due Date Saturday April 15, 2006 All...
JacobsReport@yahoogro...
Apr 1, 2006 6:01 am
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QUESTION: I want to create a new business off-shore with banking to pursue other business/investing opportunities I'm working on. I don't want to be...
In response to my automated calendar notice that the Form 1040 (or an extension) is due on April 15th, one of the members of this list pointed out that because...
QUESTION: Let's say you buy a raw piece of land in 1999 for $100K. From 2004 to 2005 you substantially improve that land with a new house, and in 2005 you sell...
Note: This is a conference announcement for lawyers, CPAs, CFPs and other financial professionals who are interested in international financial and estate...
I'm trying to finish up a 62 page report on the requirements for reporting foreign financial accounts on Form TD F 90-22.1 -- which is due no later than June...
QUESTION: Does opening an offshore bank account raise the likelihood of being audited by the IRS? I asked my tax preparer this question and his answer was...
My thanks to all of you who responded to my request for help with re-numbering the end notes in an MS Word document. I tried a number of different suggestions...
QUESTION: I'm searching for a location for an e-commerce business outside the U.S.. I am not a U.S. citizen or resident. My objectives are a combination of...
Books whose characters hide money in secret foreign accounts have another reason to be called fiction. The only way to do that anymore is by risking the chance...
